I need help with money - what should I do?

Debt adviceSeptember 25 Author: Helen Gradwell

If you're looking for help with your money, you could start by making a budget and seeing how much help you actually need.

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How long does debt stay on your credit report in the UK?

Debt adviceSeptember 5 Author: Lucy Bower

Unsecured debt remains on your credit report while it is current. Once it's settled, records remain there for six years.

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How much debt do you have to be in to go bankrupt?

Debt adviceAugust 30 Author: Helen Gradwell

There's no figure set in stone for people who want to go bankrupt. It depends on your circumstances.

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Does debt consolidation include car loans?

Debt adviceAugust 24 Author: Daniel Culpan

You can use a debt consolidation loan to pay off any kind of debt, including car loans. Read more here.

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How much debt do you need to go bankrupt?

Debt adviceAugust 22 Author: Daniel Culpan

If you live in England, Wales and Northern Ireland, there's no minimum amount of debt you need to go bankrupt. However, in Scotland, things are different.

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Bankruptcy Laws in England and Wales

Debt adviceAugust 20 Author: Lucy Bower

Click here to find out more about how the bankruptcy laws in England and Wales could affect you.

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Should I secure a debt consolidation loan against my house?

Debt adviceAugust 16 Author: Helen Gradwell

A secured debt consolidation loan may give you access to better rates and larger loans than an unsecured debt consolidation loan would.

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How to pay off your debt

Debt adviceAugust 9 Author: Lucy Bower

Here you'll find an explanation of the difference between priority debts and unsecured debts.

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Guide to debt collectors and bailiffs

Debt adviceAugust 3 Author: Daniel Culpan

If you're looking for help and advice on how to deal with debt collectors and bailiffs, our guide could give you the answers you need.

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Where can I find a debt calculator?

Debt adviceJuly 24 Author: Lucy Bower

You can find two debt calculators on this page, one for mortgages and one for loans.

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Will a debt management plan stop me getting a mortgage?

Debt adviceJuly 23 Author: Daniel Culpan

Agreeing a debt management plan will affect your credit rating for up to six years - which could affect your ability to get a mortgage.

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Is it time to consolidate your debts?

Debt adviceJuly 19 Author: Daniel Culpan

A debt consolidation loan could help you simplify the way you repay your debts, with a single payment per month that you can afford.

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How do I calculate which debt to pay off first?

Debt adviceJuly 18 Author: Daniel Culpan

What's the best way to repay your debts? Different people will take different approaches - so you might find the ideas on this page useful.

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Find out how debt consolidation could help you

Debt adviceJuly 18 Author: Lucy Bower

Debt consolidation replaces lots of different debts with just one. Read about how it could help you here.

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Bailiffs and debt management

Debt adviceJuly 17 Author: Helen Gradwell

Even if bailiffs are contacting you, you may still be able to reach an agreement with them. A debt management plan could help.

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What is the minimum amount of debt to file for bankruptcy?

Debt adviceJuly 17 Author: Lucy Bower

A creditor could petition for your bankruptcy if you owe them just £750, but if you file for your own bankruptcy, there's no actual minimum set down. Read more here.

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FAQs: Commonly Asked Debt Consolidation Questions

Debt adviceJuly 17 Author: Daniel Culpan

Debt consolidation could help you to arrange payments you can afford, simplify your finances and take some pressure off your budget.

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